Civic Intelligence

Mikeroweworks Foundation

990 • Fiscal year 2019 • EIN 26-4324338

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

10960 Wilshire Blvd 5th FloorLos Angeles, CA 90024-3708

(310) 277-4657

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,634,128

Flat from 2019

Net Assets

Flat

$2,618,418

Flat from 2019

Liabilities

Flat

$15,710

Flat from 2019

Revenue And Expenses

Revenue

Flat

$1,573,263

Flat from 2019

Expenses

Flat

$1,140,073

Flat from 2019

Net Income

Flat

$433,190

Flat from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $4,320Liabilities 2010: $0Net Assets 2010: $4,3202010Assets 2011: $699,967Liabilities 2011: $0Net Assets 2011: $699,9672011Assets 2012: $549,789Liabilities 2012: $137,746Net Assets 2012: $412,0432012Assets 2013: $776,293Liabilities 2013: $310Net Assets 2013: $775,9832013Assets 2014: $785,991Liabilities 2014: $1,199Net Assets 2014: $784,7922014Assets 2015: $556,793Liabilities 2015: $10,720Net Assets 2015: $546,0732015Assets 2016: $991,610Liabilities 2016: $528Net Assets 2016: $991,0822016Assets 2017: $1,522,298Liabilities 2017: $486Net Assets 2017: $1,521,8122017Assets 2018: $2,188,403Liabilities 2018: $3,175Net Assets 2018: $2,185,2282018Assets 2019: $2,634,128Liabilities 2019: $15,710Net Assets 2019: $2,618,4182019Assets 2019: $2,634,128Liabilities 2019: $15,710Net Assets 2019: $2,618,4182019Assets 2020: $4,354,198Liabilities 2020: $8,941Net Assets 2020: $4,345,2572020Assets 2021: $6,728,645Liabilities 2021: $8,851Net Assets 2021: $6,719,7942021Assets 2022: $8,932,184Liabilities 2022: $92,574Net Assets 2022: $8,839,6102022Assets 2023: $11,019,492Liabilities 2023: $45,936Net Assets 2023: $10,973,5562023Assets 2024: $13,351,375Liabilities 2024: $13,708Net Assets 2024: $13,337,6672024

Highlighted filing

2019

Assets$2,634,128
Liabilities$15,710
Net Assets$2,618,418

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $12,0202010Expenses 2011: $72,0002011Expenses 2012: $513,6282012Revenue 2013: $895,002Expenses 2013: $531,062Net Income 2013: $363,9402013Revenue 2014: $895,225Expenses 2014: $886,416Net Income 2014: $8,8092014Revenue 2015: $663,898Expenses 2015: $902,617Net Income 2015: -$238,7192015Revenue 2016: $1,226,534Expenses 2016: $781,525Net Income 2016: $445,0092016Revenue 2017: $1,785,576Expenses 2017: $1,254,846Net Income 2017: $530,7302017Revenue 2018: $1,640,167Expenses 2018: $976,751Net Income 2018: $663,4162018Revenue 2019: $1,573,263Expenses 2019: $1,140,073Net Income 2019: $433,1902019Revenue 2019: $1,573,263Expenses 2019: $1,140,073Net Income 2019: $433,1902019Revenue 2020: $3,240,613Expenses 2020: $1,529,242Net Income 2020: $1,711,3712020Revenue 2021: $3,751,531Expenses 2021: $1,380,975Net Income 2021: $2,370,5562021Revenue 2022: $4,366,644Expenses 2022: $2,164,878Net Income 2022: $2,201,7662022Revenue 2023: $4,321,357Expenses 2023: $2,200,225Net Income 2023: $2,121,1322023Revenue 2024: $5,860,275Expenses 2024: $3,270,173Net Income 2024: $2,590,1022024

Highlighted filing

2019

Revenue$1,573,263
Expenses$1,140,073
Net Income$433,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$1,589,989
Mission and Program Overview

Mission

The foundation which makes contributions to charitable organizations for skilled trades.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,185,228$2,618,418▲ $433,190
Savings and Temporary Cash Investments$1,006,941$1,591,844▲ $584,903
Cash and Non-Interest-Bearing Accounts$987,542$776,600▼ $210,942
Pledges and Grants Receivable$72,291$134,790▲ $62,499
Investments in Publicly Traded Securities$110,735$119,966▲ $9,231
Prepaid Expenses and Deferred Charges$3,780$3,814▲ $34
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,188,403$2,634,128▲ $445,725
Other Assets Total$7,114$7,114→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,175$15,710▲ $12,535
Total Liabilities$3,175$15,710▲ $12,535
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,185,228$2,618,418▲ $433,190
Total Liabilities and Net Assets / Fund Balance$2,188,403$2,634,128▲ $445,725
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary SullivanPresident and COO
Kimberly EstradaVice President and Secretary
Charles L KlausmeyerBoard Member
Denise LongarzoBoard Member
Helen WongBoard Member
Michael DeganBoard Member
Michael G RoweCEO and CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$1,506,635
Program Service Revenue
$0
Investment Income
$31,662
Other Revenue
$34,966
All Other Contributions
$1,506,635
Change in Net Assets
$433,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$852,720
Other Expenses$196,068
Salaries, Compensation, and Employee Benefits$91,285
Total Fundraising Expense$40,650
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$852,720--$852,720
Other Salaries and Wages$16,872$33,744$33,744$84,360
Fees for Services Accounting-$69,502-$69,502
Occupancy-$46,827-$46,827
Travel$17,625--$17,625
Fees for Services Legal-$14,945-$14,945
Office Expenses-$9,751-$9,751
Payroll Taxes$1,385$2,770$2,770$6,925
Insurance$571$1,142$1,142$2,855
All Other Expenses-$839$417$1,256
Other Expenses$24,515$1,066$2,577$1,066
Information Technology$800--$800
Fees for Services Other-$65-$65
Total Functional Expenses$914,488$184,935$40,650$1,140,073
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Education Assistance Foundation IncNashville, TN501(c)(3)Scholarship Grant$724,140
Jefferson College Foundation IncHillsboro, MO501(c)(3)Scholarship Grant$52,780
Skills USA FoundationLeesburg, VA501(c)(3)Scholarship Grant$50,000
Aid JoyGreenville, SC501(c)(3)Scholarship Grant$25,000
Mountain View CollegeDallas, TX501(c)(3)Scholarship Grant$800
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,432
Fundraising Direct Expenses$16,677
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Internet Auction$51,432$51,432$16,677$34,755
Total Events$51,432$51,432$16,677$34,755
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mary sullivan is engaged by mr. Rowe's companies as his president and in-house counsel and is paid a customary salary by mr. Rowe's companies for such services.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 was distributed to the governing board for review prior to the filing of the return.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy, and financials statements available to the public.

Filing and Contact Details

Filer

Filer Name
Mikeroweworks Foundation
EIN
26-4324338
Phone
3102774657
Address
10960 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA 90024-3708

Signing Officer

Name
Kimberly Estrada
Title
Vice President and Secretary
Phone
3102774657
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael G Rowe
Formed
2008
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
3
Employees
2
Volunteers
0

Preparer

Firm
Nksfb LLC - Focus Operating LLC
Address
10960 WILSHIRE BL 5TH FL, LOS ANGELES, CA 90024
Preparer
Laura Dimaggio
Phone
3102774657
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The mikeroweworks foundation is on a mission to challenge the stigmas and stereotypes about the trades and help close the skills gap. We strive to redefine the definition of a good education and a good job, because we don't believe that a four-year degree is the best path for the most people. We want people to understand the impact of skilled labor on their lives, and we're convinced that the solution has to start with a new appreciation for hard work. For the sixth year in a row, we provided financial assistance to the next generation of skilled workers through our work ethic scholarship program, awarding nearly 200 work ethic scholarship recipients in 18 skilled trade programs across 44 states. These technical and vocational students embody our s.w.e.a.t. (skill and work ethic aren't taboo) pledge and understand the importance of four qualities-work ethic, personal responsibility, delayed gratification, and a positive attitude. The scholarships ranged from $500 to $12,000 per recipient, and each recipient also received a pair of wolverine work boots donated as part of wolverine's project bootstrap. In addition, we helped facilitate the granting of an additional $43,500 through direct tuition credits for work ethic scholarship recipients attending universal technical institute. In 2019, we continued to provide grants and scholarships to like-minded organizations, including skillsusa travel scholarships for 88 skillsusa members who placed first in their state's skillsusa championships but faced a financial challenge in attending the national leadership and skills conference. We teamed up with build dakota scholarship to award finish strong scholarships to 10 second-year technical students across south dakota. We also helped the benjamin franklin experience to build a construction-focused program for south carolina students to help change the prevailing misconception of skilled labor. Through combined social media platforms of mike rowe and mikeroweworks, we often talk about the importance of the trades and the work ethos that embody skilled labor. We wrote and shared dozens of stories and updates about our work ethic scholarship recipients and released three success story videos of our recipients that have garnered more than 1.5 million views. We also brought the s.w.e.a.t. Pledge to life by creating a series of 12 videos called, "unpacking the s.w.e.a.t. Pledge." in this series, mike breaks down the origin of the 12 statements of the s.w.e.a.t. Pledge and why we believe work ethic, personal responsibility, delayed gratification, and a positive attitude are important. These videos were released on mike and mikeroweworks' social media channels and reached a significant organic audience with nearly 10 million video views. These videos laid the foundation for the creation and development of a work ethic curriculum for post-secondary schools, in collaboration with wsu tech, the charles koch foundation, and koch industries. We piloted the curriculum at wsu tech with nearly 1,000 wsu tech students completing the program in 2019, and we look forward to expanding the pilot nationwide in 2020. In addition to public support raised through donations and campaigns in support of our initiatives, we sells books, posters, and other merchandise on our ebay store, encourage employers to match funds donated by its employees, and continue to participate in charity support networks, including amazonsmile, ebay for charity, and the paypal giving fund in order to raise funds to support our mission

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IRS990/ProgSrvcAccomActy2Grp/Desc0WE TEAMED UP WITH BUILD DAKOTA SCHOLARSHIP TO AWARD FINISH STRONG SCHOLARSHIPS TO 10 SECOND-YEAR TECHNICAL STUDENTS ACROSS SOUTH DAKOTA IN AN EFFORT TO HELP BOOST TECHNICAL EDUCATION IN THE STATE. THE FINISH STRONG SCHOLARSHIP IS OPEN TO STUDENTS ENTERING THEIR SECOND YEAR AT ONE OF SOUTH DAKOTA'S FOUR TECHNICAL INSTITUTES TO HELP STUDENTS EARN TECHNICAL DEGREES AND MOVE INTO THE STATE'S WORKFORCE WITH LESS DEBT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt050000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt050000
IRS990/ProgSrvcAccomActy3Grp/Desc0FOR THE SIXTH YEAR IN A ROW, WE AWARDED NEARLY 200 RECIPIENTS IN 18 ELIGIBLE SKILLED TRADE PROGRAMS ACROSS 44 STATES THROUGH OUR ANNUAL WORK ETHIC SCHOLARSHIP PROGRAM. THIS PROGRAM IS ABOUT RECOGNIZING THE PEOPLE WHO UNDERSTAND THE IMPORTANCE OF WORK ETHIC, PERSONAL RESPONSIBILITY, DELAYED GRATIFICATION, AND A POSITIVE ATTITUDE. THE HARDWORKING MEN AND WOMEN WHO KEEP THE LIGHTS ON, WATER RUNNING, AND AIR FLOWING-THE NEXT GENERATION OF SKILLED WORKERS. THE WORK ETHIC SCHOLARSHIPS RANGED FROM $500 TO $12,000 PER RECIPIENT, AND EACH RECIPIENT ALSO RECEIVED A PAIR OF WOLVERINE WORK BOOTS DONATED AS PART OF WOLVERINE'S PROJECT BOOTSTRAP. WE ALSO HELPED FACILITATE THE GRANTING OF AN ADDITIONAL $43,500 THROUGH DIRECT TUITION CREDITS FOR WORK ETHIC SCHOLARSHIP RECIPIENTS ATTENDING UNIVERSAL TECHNICAL INSTITUTE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0724140
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0724140
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION CONTINUALLY EXPANDS AND MAINTAINS ITS WEBSITE WHICH SERVES AS THE MARKETING AND COMMUNICATION VEHICLE FOR THE FOUNDATION AND IS CRITICAL IN NOT ONLY BRINGING ATTENTION TO THE SKILLS GAP PROBLEM BUT ALSO IN CONTINUING ITS FUNDRAISING EFFORTS.
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYOtherRevenueAmt073008
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYTotalExpensesAmt0976751
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01640167
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0433190
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02618418
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01006941
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01688824
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IRS990ScheduleA/PublicSupportCY170Pct00.81420
IRS990ScheduleA/PublicSupportPY170Pct00.77960
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01688824
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01147697
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0552823
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06452781
IRS990ScheduleA/TotalSupportAmt06469267
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0211
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0496
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01915
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt05467
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt08397
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt016486
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016677
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0INTERNET AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt051432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt051432
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt034755
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016677
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016677
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt1724140
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt352780
IRS990ScheduleI/RecipientTable/CashGrantAmt4800
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SKILLS USA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1AMERICAN EDUCATION ASSISTANCE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AID JOY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3JEFFERSON COLLEGE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MOUNTAIN VIEW COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0237122568
IRS990ScheduleI/RecipientTable/RecipientEIN1061688758
IRS990ScheduleI/RecipientTable/RecipientEIN2263339270
IRS990ScheduleI/RecipientTable/RecipientEIN3431611153
IRS990ScheduleI/RecipientTable/RecipientEIN4751213149
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt014001 SKILLSUSA WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11321 MURFRESSBORO PIKE STE 800
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2101 N MAIN STREET STE 301
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31000 VIKING DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt44849 W ILLNOIS AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEESBURG
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NASHVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GREENVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3HILLSBORO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2SC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020176
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd137217
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd229601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd363050
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd475211
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MIKEROWEWORKS FOUNDATION IS ON A MISSION TO CHALLENGE THE STIGMAS AND STEREOTYPES ABOUT THE TRADES AND HELP CLOSE THE SKILLS GAP. WE STRIVE TO REDEFINE THE DEFINITION OF A GOOD EDUCATION AND A GOOD JOB, BECAUSE WE DON'T BELIEVE THAT A FOUR-YEAR DEGREE IS THE BEST PATH FOR THE MOST PEOPLE. WE WANT PEOPLE TO UNDERSTAND THE IMPACT OF SKILLED LABOR ON THEIR LIVES, AND WE'RE CONVINCED THAT THE SOLUTION HAS TO START WITH A NEW APPRECIATION FOR HARD WORK. FOR THE SIXTH YEAR IN A ROW, WE PROVIDED FINANCIAL ASSISTANCE TO THE NEXT GENERATION OF SKILLED WORKERS THROUGH OUR WORK ETHIC SCHOLARSHIP PROGRAM, AWARDING NEARLY 200 WORK ETHIC SCHOLARSHIP RECIPIENTS IN 18 SKILLED TRADE PROGRAMS ACROSS 44 STATES. THESE TECHNICAL AND VOCATIONAL STUDENTS EMBODY OUR S.W.E.A.T. (SKILL AND WORK ETHIC AREN'T TABOO) PLEDGE AND UNDERSTAND THE IMPORTANCE OF FOUR QUALITIES-WORK ETHIC, PERSONAL RESPONSIBILITY, DELAYED GRATIFICATION, AND A POSITIVE ATTITUDE. THE SCHOLARSHIPS RANGED FROM $500 TO $12,000 PER RECIPIENT, AND EACH RECIPIENT ALSO RECEIVED A PAIR OF WOLVERINE WORK BOOTS DONATED AS PART OF WOLVERINE'S PROJECT BOOTSTRAP. IN ADDITION, WE HELPED FACILITATE THE GRANTING OF AN ADDITIONAL $43,500 THROUGH DIRECT TUITION CREDITS FOR WORK ETHIC SCHOLARSHIP RECIPIENTS ATTENDING UNIVERSAL TECHNICAL INSTITUTE. IN 2019, WE CONTINUED TO PROVIDE GRANTS AND SCHOLARSHIPS TO LIKE-MINDED ORGANIZATIONS, INCLUDING SKILLSUSA TRAVEL SCHOLARSHIPS FOR 88 SKILLSUSA MEMBERS WHO PLACED FIRST IN THEIR STATE'S SKILLSUSA CHAMPIONSHIPS BUT FACED A FINANCIAL CHALLENGE IN ATTENDING THE NATIONAL LEADERSHIP AND SKILLS CONFERENCE. WE TEAMED UP WITH BUILD DAKOTA SCHOLARSHIP TO AWARD FINISH STRONG SCHOLARSHIPS TO 10 SECOND-YEAR TECHNICAL STUDENTS ACROSS SOUTH DAKOTA. WE ALSO HELPED THE BENJAMIN FRANKLIN EXPERIENCE TO BUILD A CONSTRUCTION-FOCUSED PROGRAM FOR SOUTH CAROLINA STUDENTS TO HELP CHANGE THE PREVAILING MISCONCEPTION OF SKILLED LABOR. THROUGH COMBINED SOCIAL MEDIA PLATFORMS OF MIKE ROWE AND MIKEROWEWORKS, WE OFTEN TALK ABOUT THE IMPORTANCE OF THE TRADES AND THE WORK ETHOS THAT EMBODY SKILLED LABOR. WE WROTE AND SHARED DOZENS OF STORIES AND UPDATES ABOUT OUR WORK ETHIC SCHOLARSHIP RECIPIENTS AND RELEASED THREE SUCCESS STORY VIDEOS OF OUR RECIPIENTS THAT HAVE GARNERED MORE THAN 1.5 MILLION VIEWS. WE ALSO BROUGHT THE S.W.E.A.T. PLEDGE TO LIFE BY CREATING A SERIES OF 12 VIDEOS CALLED, "UNPACKING THE S.W.E.A.T. PLEDGE." IN THIS SERIES, MIKE BREAKS DOWN THE ORIGIN OF THE 12 STATEMENTS OF THE S.W.E.A.T. PLEDGE AND WHY WE BELIEVE WORK ETHIC, PERSONAL RESPONSIBILITY, DELAYED GRATIFICATION, AND A POSITIVE ATTITUDE ARE IMPORTANT. THESE VIDEOS WERE RELEASED ON MIKE AND MIKEROWEWORKS' SOCIAL MEDIA CHANNELS AND REACHED A SIGNIFICANT ORGANIC AUDIENCE WITH NEARLY 10 MILLION VIDEO VIEWS. THESE VIDEOS LAID THE FOUNDATION FOR THE CREATION AND DEVELOPMENT OF A WORK ETHIC CURRICULUM FOR POST-SECONDARY SCHOOLS, IN COLLABORATION WITH WSU TECH, THE CHARLES KOCH FOUNDATION, AND KOCH INDUSTRIES. WE PILOTED THE CURRICULUM AT WSU TECH WITH NEARLY 1,000 WSU TECH STUDENTS COMPLETING THE PROGRAM IN 2019, AND WE LOOK FORWARD TO EXPANDING THE PILOT NATIONWIDE IN 2020. IN ADDITION TO PUBLIC SUPPORT RAISED THROUGH DONATIONS AND CAMPAIGNS IN SUPPORT OF OUR INITIATIVES, WE SELLS BOOKS, POSTERS, AND OTHER MERCHANDISE ON OUR EBAY STORE, ENCOURAGE EMPLOYERS TO MATCH FUNDS DONATED BY ITS EMPLOYEES, AND CONTINUE TO PARTICIPATE IN CHARITY SUPPORT NETWORKS, INCLUDING AMAZONSMILE, EBAY FOR CHARITY, AND THE PAYPAL GIVING FUND IN ORDER TO RAISE FUNDS TO SUPPORT OUR MISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARY SULLIVAN IS ENGAGED BY MR. ROWE'S COMPANIES AS HIS PRESIDENT AND IN-HOUSE COUNSEL AND IS PAID A CUSTOMARY SALARY BY MR. ROWE'S COMPANIES FOR SUCH SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 WAS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02188403
IRS990/TotalAssetsEOYAmt02634128
IRS990/TotalAssetsGrp/BOYAmt02188403
IRS990/TotalAssetsGrp/EOYAmt02634128
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01506635
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt040650
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0184935
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0914488
IRS990/TotalFunctionalExpensesGrp/TotalAmt01140073
IRS990/TotalGrossUBIAmt0211
IRS990/TotalLiabilitiesBOYAmt03175
IRS990/TotalLiabilitiesEOYAmt015710
IRS990/TotalLiabilitiesGrp/BOYAmt03175
IRS990/TotalLiabilitiesGrp/EOYAmt015710
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02185228
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02618418
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt090348
IRS990/TotalOtherProgSrvcGrantAmt028580

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$0.01$13.3$5.86$3.27$2.59
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.05$11.0$4.32$2.20$2.12
2022Detailed filing. Detailed filing data is available for this year.$8.93$0.09$8.84$4.37$2.16$2.20
2021Detailed filing. Detailed filing data is available for this year.$6.73$0.01$6.72$3.75$1.38$2.37
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.01$4.35$3.24$1.53$1.71
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.02$2.62$1.57$1.14$0.43
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.02$2.62$1.57$1.14$0.43
2018Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$1.64$0.98$0.66
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$1.79$1.25$0.53
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.23$0.78$0.45
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.66$0.90$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$0.90$0.89$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.90$0.53$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.14$0.41$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.01